So our model can explain the abnormal jump of security price affected by uneconomical factors very well.
因此,较好的解释了由非经济因素带来的证券价格的异常跳跃。
参考来源 - 特定马氏骨架过程下外汇期权定价模型及其应用·2,447,543篇论文数据,部分数据来源于NoteExpress
通货膨胀的威胁在证券价格上已经是明显可见的。
理论上讲,当美联储买进证券时,证券价格会被推高,收益率会被拉低。
When it buys securities, in theory, that should drive up the price and drive down the yield.
这些不对称很难与有效市场假说相符——根据该假说,证券价格应准确反映出所有已知信息。
These asymmetries are difficult to reconcile with the efficient market hypothesis, the notion that securities prices accurately reflect all known information.
That's another conventional formula that goes from interest rate to price of the security.
这是另一条已知利率,求证券价格的经验公式
So there's a panic in the market for securitized mortgages - and the price is often very low or if it's they're very hard to market and hard to sell.
所以,在市场上,证券化按揭贷款引起了恐慌,并且价格通常很低或者说如果它,他们很那出售而且对市场不利。
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